Equity Research on A123 Systems Inc. and Advanced Battery Technologies Inc. - Battery Demand Rising With Gas Prices
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Rising gas prices are helping to increase demand for electric vehicles, which in turn, has helped battery producers like A123 Systems Inc. and Advanced Battery Technologies Inc. Get your free reports on and at . There is no commitment to join.
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Demand levels at the moment though still do not appear high enough for battery makers to see significant growth. This is evidenced by A123 systems missing estimates for the last 4 consecutive quarters. report is accessible for free by registering today at .
Competition in the battery market has also increased, putting pressure on prices and making it difficult to grow revenues. Greater competition appears to stem from more companies anticipating a jump in demand for electric and hybrid vehicles. report is accessible for free by registering today at .
Moving forward, gas prices will likely continue to rise as a result of growing oil demand in China. If gas prices cross the $5 a gallon mark, demand for electric and hybrid vehicles could see a substantial jump. Short-term growth still seems unlikely for battery makers though long-term gains do seem increasingly likely.
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Datum: 05.08.2011 - 06:37 Uhr
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